<div id="readability-page-1"><p><span>SolarEdge Technologies (NASDAQ:SEDG - Get Free Report)</span> had its target price decreased by equities research analysts at The Goldman Sachs Group  from $36.00 to $31.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a &#34;neutral&#34; rating on the semiconductor company's stock. The Goldman Sachs Group's price target suggests a potential upside of 4.43% from the stock's current price.</p><div><p><span></span><span>Get <strong>SolarEdge Technologies</strong> alerts:</span></p></div><ul><li>SolarEdge: A Surprising Bright Spot in a Troubled Solar Industry?</li></ul><p>A number of other research firms have also weighed in on SEDG. BMO Capital Markets upped their price objective on SolarEdge Technologies from $19.00 to $25.00 and gave the stock an &#34;underperform&#34; rating in a research note on Thursday, November 6th. Barclays increased their price objective on shares of SolarEdge Technologies from $29.00 to $36.00 and gave the company an &#34;equal weight&#34; rating in a report on Thursday, October 9th. Citigroup boosted their target price on shares of SolarEdge Technologies from $9.00 to $30.00 and gave the stock a &#34;sell&#34; rating in a report on Tuesday, October 21st. Susquehanna raised their target price on shares of SolarEdge Technologies from $25.00 to $40.00 and gave the company a &#34;neutral&#34; rating in a research note on Monday, October 13th. Finally, Wells Fargo &amp; Company boosted their price target on shares of SolarEdge Technologies from $24.00 to $42.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Friday, November 7th. Nineteen equities research analysts have rated the stock with a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat, the company  has an average rating of &#34;Reduce&#34; and a consensus price target of $24.87.</p><p><b>Read Our Latest Analysis on SEDG</b></p><h2>SolarEdge Technologies Price Performance</h2><ul><li>MarketBeat Week in Review – 12/16 - 12/20</li></ul><p>NASDAQ:SEDG traded up $0.77 during trading hours on Thursday, hitting $29.69. 1,517,276 shares of the stock traded hands, compared to its average volume of 4,559,301. The stock has a 50 day moving average price of $35.57 and a 200 day moving average price of $30.56. The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 0.78. The company has a market cap of $1.78 billion, a price-to-earnings ratio of -3.06 and a beta of 1.67. SolarEdge Technologies has a 1 year low of $11.00 and a 1 year high of $48.60. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors have recently added to or reduced their stakes in SEDG. U.S. Capital Wealth Advisors LLC purchased a new position in shares of  SolarEdge Technologies during the 2nd quarter worth $204,000.  Bayforest Capital Ltd grew its holdings in  SolarEdge Technologies by 49.8% in the second quarter. Bayforest Capital Ltd now owns 85,461 shares of the semiconductor company's stock valued at $1,743,000 after purchasing an additional 28,425 shares during the period.  Phoenix Financial Ltd. purchased a new stake in shares of  SolarEdge Technologies during the 2nd quarter valued at $216,000.  Nuveen LLC acquired a new position in  SolarEdge Technologies in the first quarter valued at $1,092,000.  Finally, Bank Hapoalim BM raised its holdings in shares of  SolarEdge Technologies by 73.5% in the 2nd quarter. Bank Hapoalim BM now owns 70,475 shares of the semiconductor company's stock worth $1,438,000 after purchasing an additional 29,859 shares during the period. Hedge funds and other institutional investors own  95.10% of the company's stock. </p><h2>SolarEdge Technologies Company Profile</h2> (Get Free Report)<ul><li>SolarEdge Stock Climbs Back: Goldman Sachs Sees 40% Upside</li></ul><p>SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.</p><h2>See Also</h2><ul><li>Five stocks we like better than SolarEdge Technologies</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Don’t Bet Against AppLovin: The Case Against the Shorts</li><li>Business Services Stocks Investing</li><li>Micron’s Q1 Results Say “AI Bubble Is Far From Bursting”</li><li>How Can Investors Benefit From After-Hours Trading</li><li>3 Cheap Dividend Stocks That Can Beat Inflation and Pay You to Wait</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0VERw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0VERw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in SolarEdge Technologies Right Now?</h2><p>Before you consider SolarEdge Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SolarEdge Technologies wasn't on the list.</p><p>While SolarEdge Technologies currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SEDG

<p>Goldman Sachs lowered its price target for SolarEdge Technologies from $36 to $31, maintaining a "neutral" rating. Other firms have varied ratings, with BMO Capital Markets rating it "underperform" and Barclays "equal weight." The stock has a consensus "Reduce" rating with a target of $24.87. Institutional investors have adjusted their stakes in the company, which designs and sells DC optimized inverter systems for solar PV installations.</p>

The Goldman Sachs Group Cuts SolarEdge Technologies (NASDAQ:SEDG) Price Target to $31.00